Romania is preparing a state aid scheme for large industrial producers with a budget of EUR 580 million over the next six years, prime minister Marcel Ciolacu announced before the March 20 government meeting, according to an executive's press release.
The aid reportedly consists of prolonging and possibly further sweetening the 10-year partial exemption to the payment of so-called "green certificates," extended in 2014 to industrial consumers depending on their energy...
The local currency kept losing ground on May 9 despite reported interventions by the central bank. The interest rates rose, and the Stock Exchange’s indices resumed the decline on May 9 after a modest gain on the previous day. The development suggests a drain on liquidity from the money market, possibly amid hybrid interventions by […]
Ilie Bolojan, the interim president of Romania, has sent his "warmest congratulations" to Pope Leo XIV in a message posted on X. "Warmest congratulations to His Holiness Pope Leo XIV upon the election to the Chair of Saint Peter. May he have a long reign and guide the faithful all over the world with wisdom […]
Victor Ponta, who served as Romania’s prime minister between 2012 and 2015, announced on Wednesday, May 7, that he is founding a party under the name "Romania First.” The platform will bring together PRO Romania, the party he founded after leaving the center-left Social Democratic Party, with the Romanian Ecologist Party, and other specialists and […]
Romania will receive CHF 10 million in funding for the development of dual education, as part of a second Swiss contribution, the Switzerland - Romania Chamber of Commerce (CCE-R) announced. The funding is part of a program for the development of dual education that aims to support the integration of young people into the labor […]
The Romanian Parliament approved a draft law that increases the amount of punishment for unauthorized operations with pyrotechnic articles on Wednesday, May 7. Initiators of the bill say that every winter hundreds are injured due to firecrackers, most of them children. Mihai Weber, the Social-Democratic Party ()PSD) member of Parliament who initiated the bill, says […]
The second edition of the Learning Tapestry Conference takes place in Bucharest, at the Radisson Blu Hotel, on May 14th, and will bring together global experts in psychology, business strategy, education, and leadership. They will debate how we can build an education system capable of preparing young people to adapt, reinvent, and thrive in a […]
